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Mark Zuckerberg Plots Deal to Pay Wealth Tax, Keep Meta Control

Mark Zuckerberg had a dinner-table ultimatum with his board, which came after months of wrangling over the company's financing needs and a proposed California wealth tax. Meta will offer a new class of non-voting shares to existing investors, and Zuckerberg will have a special agreement that will give him the ability to sell some of that stock without…

Sources (1)· Oct 22, 8:34 PM

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Bloomberg· Oct 22, 8:34 PMMark Zuckerberg Plots Deal to Pay Wealth Tax, Keep Meta Control

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7 stunning claims from explosive book on Jared Kushner’s secret Gulf money trailSecret accounts, alleged payments to shadowy figures, and spies watching his phone are among the bombshell claims about Jared Kushner in a new book excerpt published Thursday by Vanity Fair . First, journalist Matthew Cole alleged Gulf rulers supplied roughly $2 billion to accounts for Trump’s son-in-law, including $750 million in a charity account…

Raw Story5h agoWhole story →

'Categorically false!' Kushner lashes out after explosive exposé reveals sordid tiesPresident Donald Trump's son-in-law Jared Kushner is breaking his usually quiet public persona to lash out against explosive new Vanity Fair reporting on his alleged shady financial backroom dealings, including payments to a hitman and a $1 billion secret account with Israel's central bank. "The allegations made by this author are completely insane,…

Raw Story5h agoWhole story →

Explosive report claims Kushner’s hacked phone showed transfers to warlord and hitmanJared Kushner allegedly accessed a secret Gulf-funded bank account while Dutch spies watched his phone, and moved money to a warlord, a mercenary and a one-time hit man, according to an explosive new book. In an excerpt published Thursday by Vanity Fair , investigative journalist Matthew Cole wrote that Dutch military intelligence found screenshots of…

Raw Story5h agoWhole story →

Banks Are Struggling to Protect Customers From Their Own AI AgentsLeading US banks have reportedly found unapproved AI agents operating inside customer accounts on users’ behalf, sometimes acting independent of their instructions. In response, many institutions are resorting to blocking the tools or rethinking their security policies. According to a Thursday Axios report, unauthorized activity typically occurs after a…

Mother Jones6h agoWhole story →

Brazil Elections: Lula, Bolsonaro Agree on Terms to Disclose Bank RecordsCamilo Santana, Lula’s campaign coordinator, said the President agreed to all of Flávio Bolsonaro’s conditions for disclosing bank records, and will file his response with the electoral court at 11 a.m. Thursday, according to Agência Brasil. Santana set the same deadline for Flávio Bolsonaro to authorize the release of his and his family members’ records.

Bloomberg10h agoWhole story →

Since

Bombshell Book Alleges Jared Kushner's Access to Secret—And Possibly Illegal—Foreign Bank AccountsJared Kushner , son-in-law of US President Donald Trump, for years allegedly had access to at least two secret foreign bank accounts in Israel and the United Arab Emirates whose deposits totaled roughly $2 billion, according to an excerpt of an explosive upcoming book published on Thursday by Vanity Fair. The excerpt of the book —titled Princes and…

Common Dreams4h agoWhole story →

Leaked Internal Document Shows What Brad Lander Was Really Up to in IsraelAn internal document from the group that organized Democratic congressional candidate Brad Lander’s trip to the West Bank describes Israel as “genocidal” and engaged in “ethnic cleansing” and says the trip’s goal is to build support for “international intervention” against Israel. The post Leaked Internal Document Shows What Brad Lander Was Really Up to…

Washington Free Beacon2h agoWhole story →

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Zuckerberg weighed leaving California over the wealth tax. Meta answered with a new class of stockMeta could have raised about $700 billion in equity capital before Zuckerberg lost majority control, a filing shows. The new share class will raise money without diluting him—and allow him to foot a potential bill in California.

Fortune1d agoWhole story →

Economy california wealth tax proposal

Mark Zuckerberg Cuts Deal With Meta Board To Keep Him From Fleeing CaliforniaZuckerberg considered fleeing California if billionaire tax passes

Daily Caller10h agoWhole story →

Meta Cuts Deal to Keep Zuckerberg in California Amid Tax ThreatMeta Platforms Inc. is taking no chances that Mark Zuckerberg ends up living far away from the company he co-founded.

Bloomberg1d agoWhole story →

Economy wealth tax proposal

Meta classified Zuckerberg as a researcher to claim $355 million tax break on $4.1 billion pay, NYT reportsMeta turned billions of dollars in Mark Zuckerberg’s stock compensation into a research tax break, arguing that its CEO’s work building Facebook qualified him for a federal government incentive for technological research. The company claimed roughly $355 million in tax savings tied to $4.1 billion in stock options Zuckerberg exercised, according to a New…

TechStartups.com22d agoWhole story →

Technology meta tax dispute

Dem Rep. Kamlager-Dove on Zuckerberg Considering Leaving CA Over Wealth Tax: Need Federal Rules So People 'Can't Cherry-Pick States'On Wednesday’s broadcast of Bloomberg’s “Balance of Power,” Rep. Sydney Kamlager-Dove (D-CA) responded to Meta CEO Mark Zuckerberg considering leaving the state over a possible wealth tax by stating that there are questions about having a one-time tax, but “it’s disappointing The post Dem Rep. Kamlager-Dove on Zuckerberg Considering Leaving CA Over…

Breitbart News Network23h agoWhole story →

Culture wealth tax debate

Sen. Chuck Grassley puts Mark Zuckerberg on hot seat after NYC Meta worker admits to trying to sext child“The foxes must not be allowed to guard the hen house,” Sen. Chuck Grassley wrote to Meta CEO Mark Zuckerberg.

New York Post3mo agoWhole story →

Technology Chuck Grassley meta employee misconduct scandal

'This Is Huge,' Economist Says as Filing Shows Zuckerberg Getting Ready to Pay California Billionaire TaxFederal filings released Wednesday reveal how Meta CEO Mark Zuckerberg, one of the richest men in the world, is getting ready to potentially pay a billionaire wealth tax that is on California's November midterm ballot—an indication of the grassroots campaign's impact. "This is huge," economist Gabriel Zucman, an outspoken supporter of the proposed tax,…

Common Dreams11h agoWhole story →

President Trump and Speaker Mike Johnson are scheduled to meet with tech leaders tomorrow about AI.The expected attendees include Anthropic CEO Dario Amodei, Meta CEO Mark Zuckerberg, Alphabet CEO Sundar Pichai, Nvidia CEO Jensen Huang, and OpenAI President Greg Brockman, CNBC and Reuters report. [Link: Zuckerberg, Amodei among tech executives set to meet Trump Tuesday | https://www.cnbc.com/2026/09/28/trump-ai-tech-lunch.html | CNBC]

The Verge24d agoWhole story →

Technology Mike Johnson trump ai meeting